The EU and Indonesia are pushing to complete a free trade agreement by the end of the year, as the South Asian country prepares to boost its electric vehicles (EV) industry. Indonesia is trying to position itself as a new center for electronic vehicle production, and carmaking giants such as Volkswagen are eager to take advantage. The strategy seems to be already wielding results last month, Indonesia’s Investment Minister Bahlil Lahadalia revealed that German carmaker Volkswagen intends to build an EV battery ecosystem in Indonesia. Will Indonesia have impact like China on Europe ?
